Accounting by attorney in fact

S.E.A. 223, P.L. 151 Effective: July 1, 2019 Provides that an attorney in fact is required to render and deliver a written accounting if requested by a person who jointly owns an account with the principal. Provides that an attorney in fact may not render and … [Read more...]

Various trust matters

S.E.A. 265, P.L. 221 Effective: July 1, 2019 Defines "designated representative", "judicial proceeding", and "nonjudicial matter" for purposes of the trust code. Authorizes the establishment of legacy trusts. Prescribes the procedures for establishing a legacy … [Read more...]

Accounting by attorney in fact

The House Judiciary Committee heard SB 223 on accounting by attorney in fact, sponsored by Rep. Steuerwald. The bill provides that an attorney in fact is required to render and deliver a written accounting if requested by a person who jointly owns an account with the … [Read more...]

Various trust matters

For amend and vote only, the House Judiciary Committee heard SB 265 on various trust matters, sponsored by Rep. Steuerwald.  The bill does the following: Defines "designated representative", "judicial proceeding", and "nonjudicial matter" for purposes of the trust … [Read more...]

Various trust matters

For amend and vote only, the Senate Judiciary Committee heard Sen. Head’s SB 265 on various trust matters.  The bill does the following: defines "designated representative", "judicial proceeding", and "nonjudicial matter" for purposes of the trust code provides … [Read more...]

Creditors’ rights

The House Judiciary Committee heard SB 247 concerning creditors’ rights sponsored by Rep. Steuerwald. The bill makes various changes to probate and trust law relating to creditors' claims, claims against non-probate transferees, and no contest provisions in wills and … [Read more...]

Creditors’ rights

The House Judiciary Committee heard SB 247 sponsored by Rep. Steuerwald on creditors’ rights. The bill makes changes to probate and trust law relating to creditors’ claims, claims against non-probate transferees, and generally authorizes no contest provisions in wills … [Read more...]